(RTTNews) - Shares of Urban One Inc. (UONE) are losing more than 26 percent or $9.55 in Monday's morning trade at $26.75. There have been no company-specific news reported today that took the stock down. U.S. stocks are lower on Monday amid worries about the rising number of coronavirus cases in the U.S. and other parts of the world.
Who owns urban one's stock?
Urban One's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.10%), Geode Capital Management LLC (0.07%), Barclays PLC (0.06%), Raymond James Financial Services Advisors Inc. (0.05%), Citadel Advisors LLC (0.05%) and BlackRock Inc. (0.04%).
What is urban one (uonek) stock doing today?
Reddit Penny Stocks: Urban One (UONEK) All about the company: Urban One (NASDAQ:UONEK) is a media conglomerate in the U.S. with a focus on African American viewers. What the stock is doing today: Shares are falling close to 15% today.
Is urban one efficiently growing its dividend?
Urban One does not have a long track record of dividend growth. In the past three months, Urban One insiders have not sold or bought any company stock. 31.26% of the stock of Urban One is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 1.20% of the stock of Urban One is held by institutions.
How much is urban one worth?
Urban One has a market capitalization of $252.97 million and generates $376.34 million in revenue each year. The company earns $-8.11 million in net income (profit) each year or $1.13 on an earnings per share basis. How many employees does Urban One have?
Is urban one stock a good buy?
The 1 analysts offering 12-month price forecasts for Urban One Inc have a median target of 6.00, with a high estimate of 6.00 and a low estimate of 6.00. The median estimate represents a -52.15% decrease from the last price of 12.54.
Will UONE stock go back up?
Based on our forecasts, a long-term increase is expected, the "UONE" stock price prognosis for 2027-06-04 is 18.751 USD. With a 5-year investment, the revenue is expected to be around +144.79%. Your current $100 investment may be up to $244.79 in 2027. Get It Now!
Does urban one pay a dividend?
URBAN ONE (NASDAQ: UONE) does not pay a dividend.
Is urban one publicly traded?
(NASDAQ:UONE.
Why did UONE stock jump?
Which leads us to what seems to be the most-likely reason for the jump in UONE and UONEK… it is almost entirely random. Sometimes stock prices jump based purely on speculation. Small stocks that don't have a lot of outstanding shares are particularly susceptible to this.
What's the difference between UONE and UONEK stock?
UONE, class A shares, consists of 1,582,359 shares based on the last filing. UONEK, class D shares, consists of 38,058,422 shares based on the last filing. UONEK has 25 times the available shares compared to UONE, so if you want to move a stock, you want to go after the lower float.
Who is the owner of urban one?
Cathy HughesUrban OneTypePublicFounderCathy HughesHeadquarters1010 Wayne Avenue Floor 14 Silver Spring, Maryland 20910Area servedUnited StatesKey peopleCathy Hughes (Chairman) Alfred C. Liggins III (President & CEO)13 more rows
How many shares does urban one have?
Share StatisticsAvg Vol (3 month) 3174.54kShares Outstanding 59.1MImplied Shares Outstanding 6N/AFloat 822.63M% Held by Insiders 10.11%7 more rows
How can I buy UONE stock?
Shares of UONE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
How has Urban One's stock price performed in 2022?
Urban One's stock was trading at $4.65 at the beginning of the year. Since then, UONE shares have increased by 64.5% and is now trading at $7.65....
Are investors shorting Urban One?
Urban One saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 159,100 shares, an increase of 17...
When is Urban One's next earnings date?
Urban One is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Urban One .
How were Urban One's earnings last quarter?
Urban One, Inc. (NASDAQ:UONE) posted its quarterly earnings results on Thursday, May, 5th. The company reported $0.30 EPS for the quarter. The busi...
Who are Urban One's key executives?
Urban One's management team includes the following people: Ms. Catherine L. Hughes , Founder, Chairperson of the Board & Sec. (Age 75, Pay $1.95...
Who are some of Urban One's key competitors?
Some companies that are related to Urban One include iHeartMedia (IHRT) , Corus Entertainment (CJREF) , Urban One (UONEK) , Cumulus Media (CMLS...
What other stocks do shareholders of Urban One own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Urban One investors own include NVIDIA (NVDA) , Workhorse...
What is Urban One's stock symbol?
Urban One trades on the NASDAQ under the ticker symbol "UONE."
Who are Urban One's major shareholders?
Urban One's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (0.51%),...
Is Urban One a black owned company?
Last year, Virginia had authorized five cities across the commonwealth to each open one casino within their borders. Urban One was the only black-owned company that participated in the casino development proposal. Now, it looks as though the project has been defeated.
Is Rich a Fool?
Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though not enjoyed all at the same time...usually), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Have a story idea? Contact Rich here. I may not be able to respond to every suggestion, but I do read them all! Think an article needs a correction? Reach Rich here.
What happened
Shares of Urban One (NASDAQ: UONEK) are bouncing all over the place in morning trading Friday. Yesterday, the media company 's stock spiked 29% higher when its casino proposal was accepted by Richmond, Virginia, gaming officials.
So what
Urban One was the winner out of six original casino bids submitted for the right to win the capital city's sole gaming license, according to Casino.org.
Now what
There was obviously a surge of profit taking at the start of trading today, which cause Urban One's sell-off, but then stock market "circuit breakers" kicked in and halted trading on the stock. When it resumed trading, shares bounced higher before falling again. Expect this stock to continue being volatile.
What is the Urban One ticker symbol?
Urban One trades on the NASDAQ under the ticker symbol "UONE."
What is Urban One?
Urban One, Inc. is a multi-media company, which engages in the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One's operations. The company was founded by Catherine L. Hughes in 1980 and is headquartered in Silver Spring, MD.
What is the P/E ratio of Urban One?
The P/E ratio of Urban One is 4.88, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.50.
Is there enough data for Urban One?
There is not enough analysis data for Urban One.
Does Urban One pay dividends?
Urban One does not currently pay a dividend.
What is ASRT stock?
Reddit Penny Stocks: Assertio Holdings (ASRT) All about the company: Assertio Holdings (NASDAQ:ASRT) is a pharmaceutical company focusing on treatments for neurology, pain, and diseases of the central nervous system. What the stock is doing today: Shares are largely unmoving as of this writing.
Does William White have any positions in the securities mentioned in this article?
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
Should You Be Excited About Urban One, Inc.'s (NASDAQ:UONE.K) 23% Return On Equity?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
When is Urban One's earnings call 2021?
NEW YORK, NY / ACCESSWIRE / May 12, 2021 / Urban One, Inc. (NASDAQ:UONEK) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 12, 2021 at 10:00 AM Eastern Time.
What is ASRT stock?
Reddit Penny Stocks: Assertio Holdings (ASRT) All about the company: Assertio Holdings (NASDAQ:ASRT) is a pharmaceutical company focusing on treatments for neurology, pain, and diseases of the central nervous system. What the stock is doing today: Shares are largely unmoving as of this writing.
Should You Be Excited About Urban One, Inc.'s (NASDAQ:UONE.K) 23% Return On Equity?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
What happened to Urban One stock?
Urban One stock gained 59 percent on May 20, but was down in pre-market trading on May 21. The stock fell as investors took profits following UONE’s big gains. The stock had gained significantly after fast-food giant McDonald’s announced that it would raise its national advertising expenditure with Black-owned media businesses to 10 percent from 4 percent between 2021 and 2024. Urban One stock has gained 127 percent YTD and 638 percent over the last year.
What is Urban One?
Urban One is a multi-media company that mainly targets African-American and urban consumers. As of May 2021, the company owned and operated 63 broadcast stations located in 13 markets in the U.S. The company also owns a minority ownership interest in MGM National Harbor Casino. Source: Urban One Facebook.
Is Urban One a McDonald's?
Urban One will likely benefit from McDonald’s higher spending in diverse-owned companies. The Richmond casino will be the first Black-owned casino in the U.S. Urban One owns the cable network TV One, which serves over 59 million households. In the first quarter, the company generated revenues of $91.4 million, which represents a decline of 4 percent YoY.
Why are stocks down in the US?
U.S. stocks are lower on Monday amid worries about the rising number of coronavirus cases in the U.S. and other parts of the world. According to the World Health Organization, more than 183,000 new coronavirus infections were reported globally on Sunday, the biggest single-day increase since the outbreak began.
What is Urban One?
Urban One is a Silver Spring, Maryland-based media conglomerate with a group of radio stations and other media properties focused on black Americans. The company's stock had surged last week amid increased investor interest in companies controlled by African-Americans and those supporting black-owned businesses.
